Manufacturers Signal Concerns with Proposed DOL Overtime Rule
17³Ô¹ÏÔÚÏß: DOL’s proposed rule would inject new regulatory burdens and compliance costs to an industry already reeling from workforce shortages
Washington, D.C. – In response to the U.S. Department of Labor’s issuance today of a proposed rule altering the exemptions for overtime eligibility under the Fair Labor Standards Act, 17³Ô¹ÏÔÚÏß Managing Vice President of Policy Chris Netram issued the following statement:
“Manufacturers have spent the past several years adapting operations and personnel management resources to meet the evolving needs of their workforce in a post-pandemic environment, including through improved wages and benefits and productive workplace accommodations. The DOL’s proposed rule would inject new regulatory burdens and compliance costs to an industry already reeling from workforce shortages and an onslaught of other unbalanced regulations.
“Creating new regulatory processes and imposing additional mandatory costs will act as a drag on the sector and upend productive employer–employee relations. We look forward to expressing our concerns with this proposal directly to the DOL and administration leaders as the process moves forward.â€
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The 17³Ô¹ÏÔÚÏß is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs nearly 13 million men and women, contributes $2.91 trillion to the U.S. economy annually and accounts for 55% of private-sector research and development. The 17³Ô¹ÏÔÚÏß is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the 17³Ô¹ÏÔÚÏß or to follow us on Twitter and Facebook, please visitÂ